Edgewater Villa Miami Secures $285M Loan for Luxury Condos
January 10, 2025Edgewater Miami is set to welcome Villa Miami, a new luxury high-rise by One Thousand Group and Terra. The developers secured a $285 million construction loan to bring this ultra-luxury waterfront tower to life. Rising 650 feet above Biscayne Bay, the project will feature 70 exclusive residences and a copper-colored exoskeleton designed by ODP Architects.
A Landmark Development in Edgewater Miami
Villa Miami will offer estate-style residences ranging from 3,000 to 6,000 square feet, with prices starting at $5 million. The luxury condos will provide 360-degree views of Biscayne Bay and the Miami skyline. Residents will also have access to a private helipad, making this one of the most exclusive properties in the area.
Construction began this month, and developers expect to complete the project by late 2027.
Strong Financial Backing and Market Demand
TYKO Capital, a real estate investment platform backed by Elliott Investment Management, provided the $285 million loan. TYKO has financed major developments, including New York City’s Flatiron Building and Miami’s St. Regis Residences.
Walker & Dunlop’s Keith Kurland and Jordan Casella structured the financing. They also arranged the $170 million loan for Terra’s $1 billion mixed-use development near Dolphin Mall.
Luxury Living in Edgewater Miami
David Martin, CEO of Terra, emphasized the rising demand for ultra-luxury, curated living experiences in Edgewater.
“Villa Miami brings together top-tier talent in a unique collaboration, creating a landmark residence in one of Miami’s most desirable waterfront neighborhoods,” said Martin.
The Rise of Branded Residences
Villa Miami follows a growing trend in branded luxury residences, blending high-end real estate with hospitality-driven experiences.
Kevin Venger, Co-Founder of One Thousand Group, highlighted this shift:
“With its stunning design, prime location, and unmatched amenities, Villa Miami sets a new benchmark for luxury living.”
To enhance the exclusive lifestyle, Villa Miami will feature The Copper Club, a private restaurant by Major Food Group. The tower’s interiors, designed by Vicky Charles of Charles & Co., incorporate elements inspired by Venice, the French Riviera, and modern Miami.
A Prime Location in Edgewater Miami
Villa Miami’s central location in Edgewater will attract Northeastern buyers looking for proximity to Miami’s Design District, Midtown, Downtown, and Miami Beach. These neighborhoods offer fine dining, boutique shopping, and cultural hotspots, making Edgewater one of Miami’s most sought-after residential areas.
The Future of Edgewater’s Luxury Market
With a high-profile development team behind Eighty Seven Park and One Thousand Museum, Villa Miami is set to become one of Edgewater’s most exclusive addresses.
For more details, visit Villa Miami or explore similar waterfront residences in Edgewater.